Canada tax filing - question on GST return?
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Hi, 2 questions on GST refund: - if a person has a rental business operated under a corporation (not personal), should he/she apply to get GST refund? - if a person works as a property manager (sole proprietor), should he / she apply to get GST refund? should the GST application be sent to revenue Canada the same time your report corporate tax filing or personal tax filing OR can it be sent separately, a week later for example? THANKS
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Answer:
You seem confused. There is a GST _credit_ that is applied for on your personal tax return. It is simply a box to be checked. There is a GST Input Tax Credit for GST paid on goods for resale given to GST registrants and entered on your GST return. There is no "GST refund".
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